Smart Grid Market: Improved Grid Reliability and Efficient Outage Response

According to the new market research report "Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption/End Use), Communication Technology (Wireline, Wireless), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the smart grid market size will grow to USD 103.4 billion by 2026 (forecast year) from USD 43.1 billion in...

Transformer Oil Market: Modernization of electric grids and adoption of smart grids to fuel the Market Growth

According to the new market research report "Transformer Oil Market by Oil Type (Mineral (Naphthenic, Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear, Reactor), End User (Transmission & Distribution, Power Generation, Railways & Metros), and Region - Global Forecast to 2030 ", published by MarketsandMarkets™, the global Transformer Oil Market size is expected to grow from an...

Power Transformer Market to See Massive Growth

Global energy production has increased over the past decade, from 15,409.0 TWh in 2000 to 23,536.5 TWh in 2014. This has also led to the increasing need for expanding T&D networks globally; new T&D infrastructure needs $1.9 trillion in cumulative investment by 2024 to meet the growing energy demands. This includes substations, power lines, and...